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if an when the president and congress do reach a deal on the fiscal cliff, what will it look like? we'll get some thoughts from the fox all-stars when we return. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ >>> right now, as we speak, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. so we really need to get this right. i can only do it with the help of the american people. so, tweet, what was that again? my2k. do what it takes to communicate a sense of urgency. we don't have a lot of time here. >> in order to come to an agreement, republicans are willing to put revenue on the table. time for the president and the democrats to get serious about the spending problem that our country has. >> bret: some of the back and forth today the president calling on people to get involved including on twitter. this as he met this morning with unions and other liberal org
if an when the president and congress do reach a deal on the fiscal cliff, what will it look like? we'll get some thoughts from the fox all-stars when we return. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ >>> right now, as we speak, congress can pass a law that would prevent a tax hike on the...
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the white house and congress have five weeks to keep us from going over the fiscal cliff at the end of the year. that would mean automatic tax hikes and spending cuts at the same time and an economists say it could cause another resomething. the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more
the white house and congress have five weeks to keep us from going over the fiscal cliff at the end of the year. that would mean automatic tax hikes and spending cuts at the same time and an economists say it could cause another resomething. the president met with congressional leaders from both parties, but harry reid says there has not been much progress since then. mike emmanuel is on capitol hill. republicans are asking for changes to social security and medicare. any common ground?...
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in addition to the fiscal cliff congress will need to also deal with a debt ceiling. now harry reid is calling to combine the two saying that any budget deal must also include an increase in the country's borrowing powers. the white house's official stance that john boehner will have to raise the debt ceiling but so far president obama is not requiring the two deals to happen simultaneously. more bill coming up. we'll be right back. alright, in 15 minutes we're i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. [ ♪ theme ♪ ] >> announcer: broadcasting across the nation on your radio >> announcer: broadcasting across the nation on your radio and on current tv, this is the "bill press show."
in addition to the fiscal cliff congress will need to also deal with a debt ceiling. now harry reid is calling to combine the two saying that any budget deal must also include an increase in the country's borrowing powers. the white house's official stance that john boehner will have to raise the debt ceiling but so far president obama is not requiring the two deals to happen simultaneously. more bill coming up. we'll be right back. alright, in 15 minutes we're i think the number one thing that...
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fiscal cliff? >> yes. obviously, we are leaving it to speaker john boehner and the house. the republican negotiating position and the president representing the democrats in the house and the senate. to make the -- to present the -- their conclusions to the rest of us to evaluate and vote on. but it has to be voted on in the house of representatives. the republican house members need to support it for it to pass. in the senate, it is not just enough for 51 democratic senators to be supportive. the rules permit the minority to have some rights -- until the rules are changed. as a result, we do have a voice. it has to be something that is acceptable to the senate republicans, as well as house republicans. >> have you seen any indication that senator harry reid wants to cut -- any spending? >> no. >> none? >> you never get him to talk about reducing spenning by a dime. it's always about adding revenue. they are not even satisfied to have more money. they have to specify where it comes from. rich peopl
fiscal cliff? >> yes. obviously, we are leaving it to speaker john boehner and the house. the republican negotiating position and the president representing the democrats in the house and the senate. to make the -- to present the -- their conclusions to the rest of us to evaluate and vote on. but it has to be voted on in the house of representatives. the republican house members need to support it for it to pass. in the senate, it is not just enough for 51 democratic senators to be...
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." ♪ ♪ >> dana: congress 35 days to reach a deal and prevent the economy going over the fiscal cliff. no mystery what the issues are that must be reed. the democrats know, republicans know and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: bri
." ♪ ♪ >> dana: congress 35 days to reach a deal and prevent the economy going over the fiscal cliff. no mystery what the issues are that must be reed. the democrats know, republicans know and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the...
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will reach a deal to avoid a fiscal cliff. jon? jon: peter barnes outside the white house. peter has a beautiful backdrop today. it is a good thing. we don't backdrop here in the studio at the moment, peter. looking good at the white house. >> reporter: thanks. jenna: there has been a lot of talk about secretary of state hillary clinton and what she will do potentially after she leaves the state department. how well does she do her job? what's next? we'll take a closer look ahead. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. jon: fox news alert for you now. we are awaiting remarks from president obama. he is pushing his plan to try to avoid the year-end fiscal cliff. this speech comes ahead of a meeting between the president and business leaders later today discussing actions the white house says are aimed at growing the economy an
will reach a deal to avoid a fiscal cliff. jon? jon: peter barnes outside the white house. peter has a beautiful backdrop today. it is a good thing. we don't backdrop here in the studio at the moment, peter. looking good at the white house. >> reporter: thanks. jenna: there has been a lot of talk about secretary of state hillary clinton and what she will do potentially after she leaves the state department. how well does she do her job? what's next? we'll take a closer look ahead. [ male...
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cliff. what is the fiscal cliff. what that means right now all of the taxings for the most part are scheduled to go up and spending cuts are sposed to go in place and if that is not enough. democrats are insisting that alongg with the fiscal cliff there should be an agreement on raising the debt limit. >> brian: billionns or trillions. going to hit the ceiling. you want to know how it relate to you. it is 2000 per family and everyone making a certain amount of money. we could be heading to this. and it is not to anyone's ben benefit to go over the cliff. there is a push to how to get manage done. president of the united states is going on the campaign traill through a series of rallies. >> steve: to a tinker toy factory. >> brian: get yourself up to lincoln log jacks on the way home. >> gretchen: this is disconcerting once again. instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people ma
cliff. what is the fiscal cliff. what that means right now all of the taxings for the most part are scheduled to go up and spending cuts are sposed to go in place and if that is not enough. democrats are insisting that alongg with the fiscal cliff there should be an agreement on raising the debt limit. >> brian: billionns or trillions. going to hit the ceiling. you want to know how it relate to you. it is 2000 per family and everyone making a certain amount of money. we could be heading...
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congress remains at odds over a budget deal to avoid the fiscal cliff. markets were spooked yesterday when senate majority leader harry reid said little progress has been made. today the president speaks at about 11:30 eastern on how potential tax hikes will hurt the middle class. he'll then meet with a second group of ceos at quarter of 5:00 p.m. to get their input on how to solve the fiscal crisis. that group will include brian roberts, doug olberhaman and marisa meyer. james gorman has been enlisting the help of his employees in the fight over the fiscal cliff. "the wall street journal" reports that he asked the bank's more than 16,000 financial advisers to urge their congressmen to reach a bipartisan compromise on a budget deal. gorman says no issue is more critical right now for the u.s. economy, the global financial markets and the financial well-being of our clients. jeff, hi. >> hi. >> pretty extraordinary that james gorman is putting this memo out to his employees, but the fiscal cliff appears to be the issue the global markets are most concerne
congress remains at odds over a budget deal to avoid the fiscal cliff. markets were spooked yesterday when senate majority leader harry reid said little progress has been made. today the president speaks at about 11:30 eastern on how potential tax hikes will hurt the middle class. he'll then meet with a second group of ceos at quarter of 5:00 p.m. to get their input on how to solve the fiscal crisis. that group will include brian roberts, doug olberhaman and marisa meyer. james gorman has been...
SFGTV: San Francisco Government Television
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we all need to focus very closely on the fiscal cliff and sequestration cuts that it includes. the impacts on san francisco could be devastating. until we have more clarity, what congress as a whole might or might not do we will need to remain vigilant about protecting our reserves and the city's financial position. that said i'm encouraged by the reelection of president obama and certainly for the leadership that leader pelosi has given and will continue to give. we will need their leadership as the president must quickly face the challenge of his second term, avoiding this fiscal cliff. in august of 2011 congress passed the budget control act which threatened automatic spending cuts if congress failed to come up with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of all defense and non-defense federal spending irrespective of policy or its impact on everyday people. these cuts would be absolutely devastating to our national and local economies. our -- show that sequestration
we all need to focus very closely on the fiscal cliff and sequestration cuts that it includes. the impacts on san francisco could be devastating. until we have more clarity, what congress as a whole might or might not do we will need to remain vigilant about protecting our reserves and the city's financial position. that said i'm encouraged by the reelection of president obama and certainly for the leadership that leader pelosi has given and will continue to give. we will need their leadership...
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the big question is will his stance on the fiscal cliff matter to congress as both sides still try to broker a deal away from the edge. msnbc contributor jimy williams joins us from our d.c. bureau with more. good to have you with me. does this press event signal to all the parties involved the type of tone that the president really wants to strike today to those people that he's trying to get the votes from, that basically the american people support this? this is what he ran on and got re-elected. >> we know by the exit polling and other post election polling that in fact the american people are on board with this theory of economic fairness. now, the question becomes what's the president going to do about it? well, we're about to find out. he's going straight to the american people and actually pulling a great page out of the bill clinton and the ronald reagan playbook, which is to take his case straight to the american people. to think that we thought the election was over. apparently it is not, because he is out there making this populist message about tax fairness. he's going to
the big question is will his stance on the fiscal cliff matter to congress as both sides still try to broker a deal away from the edge. msnbc contributor jimy williams joins us from our d.c. bureau with more. good to have you with me. does this press event signal to all the parties involved the type of tone that the president really wants to strike today to those people that he's trying to get the votes from, that basically the american people support this? this is what he ran on and got...
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stocks rallied big following word of progress in congress's fiscal cliff negotiations. yeah, i will believe it when i see it. after tumbling in early trading the dow rebounded more than 200 points, closing up 10 points. see what happens when congress stops screwing things up? i don't know. we'll see. >>> disney joining a wave of companies increasing their annual stock dividend. the company will raise the stock cash payout by 25% to 75 cents a share. disney is trading up slightly of a hours on the news. >>> shares of costco leaped more than 6%. the company beat expectations for november same-store sales and announced it will pay out a special stock dividend, $7 per share. >>> now to our top story tonight t could be a total game-changer for pensions and municipal creditors. the nation's biggest public employee pension fund, calpers, is preparing to sue the bankrupt city of san bernardino, california, since that city stopped making payments to the pension fund. calpers says the city already owes the fund almost $7 million since filing for bankruptcy in august, on august 1s
stocks rallied big following word of progress in congress's fiscal cliff negotiations. yeah, i will believe it when i see it. after tumbling in early trading the dow rebounded more than 200 points, closing up 10 points. see what happens when congress stops screwing things up? i don't know. we'll see. >>> disney joining a wave of companies increasing their annual stock dividend. the company will raise the stock cash payout by 25% to 75 cents a share. disney is trading up slightly of a...
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he is pushing his plans for averting that fiscal cliff. they are pushing congress to renew tax cuts before they expire by the end of this year. what they are saying about the president's campaign style approach to deal with this looming crisis. >>> and 400,000 californians are carefully watching this fiscal drama and that's because emergency benefits are due to expire unless congress agrees to an extension. here they are noticing possible loss of benefits are being mailed out this week. >>> let's check in with tara in for sal castaneda, it could be a sticky commute with the rain. >>> yes, we want to make sure you give yourself enough time today and right now if we take a look outside, this is a look at the east shore freeway as you drive towards the mcarthur maze, and as we look at the bay bridge toll plaza folks are headed to san francisco and they are not experiencing any delays. finally a look at 280 in san jose, traffic is looking good in both directions, here is steve. >>> well, we have a little bit of a lull before the system comes i
he is pushing his plans for averting that fiscal cliff. they are pushing congress to renew tax cuts before they expire by the end of this year. what they are saying about the president's campaign style approach to deal with this looming crisis. >>> and 400,000 californians are carefully watching this fiscal drama and that's because emergency benefits are due to expire unless congress agrees to an extension. here they are noticing possible loss of benefits are being mailed out this...
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over ways to avoid the fiscal cliff. instead, as alison burns reports, he's once again, taking his pitch to the public. >> reporter: that's right, tori. instead of negotiating directly with republicans, president obama's schedule includes more public outreach. he will be speaking in 15 minutes from the white house. the headline on the official website asks for public feedback and the obama website is now dominated by details about the president's plan to avoid the fiscal cliff. he wants to extend middle class tax cuts. but raise money on the wealthy. he meets with families and middle classers today and house speaker john boehner said, he and both president obama want a deal. >> this is not good for our country. it's as simple as that. you know me. i'm an optimist. >> reporter: they are promoting a reference to the middle-class tax increase if the bush era tax cuts are not extended. >>> new this morning, we're learning that mitt romney is going to the white house tomorrow. president obama is going to have a private lunch
over ways to avoid the fiscal cliff. instead, as alison burns reports, he's once again, taking his pitch to the public. >> reporter: that's right, tori. instead of negotiating directly with republicans, president obama's schedule includes more public outreach. he will be speaking in 15 minutes from the white house. the headline on the official website asks for public feedback and the obama website is now dominated by details about the president's plan to avoid the fiscal cliff. he wants...
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. ♪ gerri: tonight, no clarity from congress from the fiscal cliff. will the american people end up being the big loser? and with the lame-duck congress ba in session, new warning about rules and regulations that it your way. welcome to "the willis report." hello, everybody. the white house trying to save face by saying it is wrong to think about talks to avrt the thistle class have broken down, but the evidence is mounting. the president pushing tax checks on those making over 50,000. all that promise, the second meeting between president and congressional leaders is an even scheduled yet. senate majority leader harry reid refusing to put cuts on the table and saying it is republicans who are holding up negotiations should we expect to go right over the ciff? let's start by taling about whether it is impoible to get some kind of thoroughgoing resolution of this issue. >> at think it is, but we have to be working on a full-time. the president needs to be here talking to members of congress and working out a big deal, meaning tax reform, and panama ref
. ♪ gerri: tonight, no clarity from congress from the fiscal cliff. will the american people end up being the big loser? and with the lame-duck congress ba in session, new warning about rules and regulations that it your way. welcome to "the willis report." hello, everybody. the white house trying to save face by saying it is wrong to think about talks to avrt the thistle class have broken down, but the evidence is mounting. the president pushing tax checks on those making over...
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. >>> president obama made a public plea to congress to pass a bill that will head off the looming fiscal cliff. >> i've got a pen. i'm ready to sign it. >> surrounded by middle income americans, mr. obama warned that if the bush tax cuts are allowed to expire january 1, every taxpayer would pay more next year. the president said that would cost a typical middle class family of four an extra $2200. >> that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. >> this morning republican house speaker john boehner said his colleagues are willing to discuss new tax revenues but only if democrats agree to new spending cuts. >>> a bay area national guard crew just headed out on a rescue mission. >> steve paulson is back with more on when today's rain will end. he says there are bigger storms ahead. >> it was really close to their backs. if that was higher, i think it would -- >> you will hear more from a terrified south bay resident after bullets were fired into her room with small children inside. on your prepaid card? introducing chase li
. >>> president obama made a public plea to congress to pass a bill that will head off the looming fiscal cliff. >> i've got a pen. i'm ready to sign it. >> surrounded by middle income americans, mr. obama warned that if the bush tax cuts are allowed to expire january 1, every taxpayer would pay more next year. the president said that would cost a typical middle class family of four an extra $2200. >> that means less money for buying groceries, less money for filling...
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cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are arrested and accused [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> a manhattan nanny has pleaded not guilty in the stabbing deaths of two children in her charge. ortega was arraigned in morning at hospital where she is being treated for self-inflicted stab counts she accused of killing a 6-year-old girl and her 2-year-old brother last month in the family's apartment. the family recently moved to new york from san francisco, the father worked at bloomberg and yahoo. >>> pr
cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are arrested and accused [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united...
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when it comes to the fiscal cliff, the president and congress will either fail together orwell succeed together. there's -- or we'll succeed together. i'm confident we can pass the test and do what's good and right for the american people. >> the president's been talking a lot about taxes lately, and as a c.p.a. who practiced tax for years and a member of the ways and means committee, there's no one who likes to talk about tax more than i do. but let's be honest. talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. and furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy. again, the wrong direction. i think house republicans have set a fine precedent. four months ago we passed a framework to address the issue of taxes. fundamental, comprehensive tax reform. pro-growth policies that kick-start the economy rather than hurting the economy. likewise, we have laid out a -- >> house republican leaders after their meeting this morning. we'll show you that in just a bit. also in our video
when it comes to the fiscal cliff, the president and congress will either fail together orwell succeed together. there's -- or we'll succeed together. i'm confident we can pass the test and do what's good and right for the american people. >> the president's been talking a lot about taxes lately, and as a c.p.a. who practiced tax for years and a member of the ways and means committee, there's no one who likes to talk about tax more than i do. but let's be honest. talking about taxes is...
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cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are [ male announcer ] are you ready for tomorrow'ss technology today? then switch to a at&t u-verse t. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hbo and cinemax and get the first three months free. plus you can bundle tv and u-verse high speed internet with speeds up to 24 megs. [ male announcer ] our total home dvr lets you record four shows at once... and play them back in any room. every channel is in 100-percent, crystal-clear digital picture and sound. and you can upgrade to get 170 hd channels -- that's more than cable. [ megan ] so call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life. add hb
cliff. >>> new details noon deadly fire at a clothing fire in bangladesh. factory officials are -- are [ male announcer ] are you ready for tomorrow'ss technology today? then switch to a at&t u-verse t. add the wireless receiver exclusively from at&t, and you're no longer tied to the tv outlet. move your tv wherever you want in your home...even outside. [ megan ] call now and switch to u-verse for just $29 a month for six months, with a total home dvr included, free for life....
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. >>> investors wary about the fiscal cliff and they're showing their concern on wall street. we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> good morning. last week, markets were kind of bland because congress was out of town. they came back, started talking about the fiscal cliff, and we see markets yesterday sort of take a bit a nose-dive. particularly after those comments from harry reed when he said it was time to stop the happy talk in his words. that overshadowed a lot of positive news that came in in the morning in terms data home prices, consumer confidence. we'll get data this morning on new home sales and a report from the fed on regional economic conditions. the dow after those comments from harry reid falling 89 points. and some changes in -- hopefully they can find their way there. apple has reportedly fired the executive in charge of developing the map software. rich williamson has left the come. he oversaw the app that was included in the new software and preinstalled on the new iphone 5. critics and consumers have complained
. >>> investors wary about the fiscal cliff and they're showing their concern on wall street. we turn to bertha coombs live at cnbc world headquarters. good morning, bertha. >> good morning. last week, markets were kind of bland because congress was out of town. they came back, started talking about the fiscal cliff, and we see markets yesterday sort of take a bit a nose-dive. particularly after those comments from harry reed when he said it was time to stop the happy talk in his...
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focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated suppor teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information y want when you need it. it's anothereason more invtors are saying... [ all ] i'm with scottrade. well, having a ton of locations don't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announr ] break from the holiday stress. fedex office. ♪ gerri: president obama's says he is confident a deal on the fiscal cliff can be reached by christmas. both sides seem so far off. even among senate democrats, there are deep divisions over whether to include cuts to medicare or medicaid. intel not reform, should it be part of the fiscal cliff talks? here is wh
focus on rather than the fiscal cliff. here's a clue. ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated suppor teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information y want when you need it. it's anothereason more invtors are saying... [ all ]...
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cliff, and then after the new congress comes in, we address a compromise of long-term solutions. >> everyone seems to want to focus on the tax hikes first and talk about spending cuts later. will that work? >> no. you really have to -- we can't keep kicking the can down the road. we have to have more certainty for business. we want to get the economy going. we want to create jobs in the country. we want to preserve a prosperous united states for the next generation. i'm here speaking as an american, not simply as a ceo. if you care about your country, we have to stop kicking the can down the road and have more certainty and a framework that embraces both expense because you're going to reduce expenses by $3 for every dollar of revenue you raise if you embrace a bowles/simpson type solution. >> but that's optimistic. they're now talking one to one. it seems like people have even given up on that number. >> i don't believe they've given up on that number. our president during the election, he himself embraced the three to one notion and referenced bowles/simpson. i think both sides un
cliff, and then after the new congress comes in, we address a compromise of long-term solutions. >> everyone seems to want to focus on the tax hikes first and talk about spending cuts later. will that work? >> no. you really have to -- we can't keep kicking the can down the road. we have to have more certainty for business. we want to get the economy going. we want to create jobs in the country. we want to preserve a prosperous united states for the next generation. i'm here...
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>> the fiscal cliff. >> stephen: fiscal cliff, yeah. >> trillions of dollars of spending cuts and tax increases that are going to happen when the ball drops on new year's eve unless president obama and congress come to some sort of compromise. >> stephen: all right so, we're all doomed. >> it's like the movie thaw you have to either cut off your arm or die. so they will come-- they will cut off their arm. >> stephen: do you know, do you know what kind of ratings the news could get if they could get politicians to cut off their arms on camera? okay. -- (cheers and applause) >> stephen: as i said senior white house correspondent for abc news. the only news anybody watches any more. >> i think that's true. >> stephen: and you have got eye new book here called the outpost, an untold story of american valor. this is about the war in afghanistan. >> it's about one combat outpost in afghanistan, 14 miles from the pakistan border, built at the bottom of three very steep mountains, built in 2006. and overrun in 2009 by the taliban. >> stephen: let's put a picture of this space right here. >> t
>> the fiscal cliff. >> stephen: fiscal cliff, yeah. >> trillions of dollars of spending cuts and tax increases that are going to happen when the ball drops on new year's eve unless president obama and congress come to some sort of compromise. >> stephen: all right so, we're all doomed. >> it's like the movie thaw you have to either cut off your arm or die. so they will come-- they will cut off their arm. >> stephen: do you know, do you know what kind of...
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>>> plus r we seeing the first signs of republicans giving ground on the fiscal cliff? oklahoma's tom cole, a member of congress says the grand old party should take president obama's party. doo extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris good win joins us. >>> let me finish with how lincoln outlawed slavery for good and how de it using politics. this is "hardball," the place for politics. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? he loves risk.
>>> plus r we seeing the first signs of republicans giving ground on the fiscal cliff? oklahoma's tom cole, a member of congress says the grand old party should take president obama's party. doo extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris good win joins us. >>> let me...
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cliff. -- fiscal cliff. instead he is taking his pitch to the public. >> reporter: instead of negotiating directly with republicans, president barack obama's schedule is focused on a more public outreach. they ask for public feedback and the obama campaign is more detailed about the president's plan to avid the visibility -- avoid the fiscal cliff. he met with small business owners and he meets with ceos and in middle-class families today and he takes his message on the road friday and republicans say, enough campaigning. >> it seems our friends on the other side are having difficulty turning off the campaign, we need sit down and work this matter out. >> reporter: they have a my 2k retch reference to -- reference to the 2,200 dollars tax increase that middle-class americans would see if the bush era taxes are not extended. ktvu channel 2 morning news allison burns. >>> time now 6:16, well the florida socialite involving general david petraeus is now speaking out. jill kelley hired a well-kn
cliff. -- fiscal cliff. instead he is taking his pitch to the public. >> reporter: instead of negotiating directly with republicans, president barack obama's schedule is focused on a more public outreach. they ask for public feedback and the obama campaign is more detailed about the president's plan to avid the visibility -- avoid the fiscal cliff. he met with small business owners and he meets with ceos and in middle-class families today and he takes his message on the road friday and...
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. >> you said today that congress should deal with the fiscal cliff crisis now, but tackle entitlements, the entitlement questions, later. yesterday, senator lamar alexander said the only thing the president has to do to get an agreement from republicans now is in his words, propose a reasonable way, a reasonable way to control entitlement spending. so is this a catch 22? who bends here? >> i don't expect us to have entitlement reform before december 31st. this is too technical, too important. let's do it right. but i do believe and i said it, any long term deficit reduction will require entitlement reform for one simple reason. medicare untouched, unchanged, runs out of money in 12 years. we need to take a hard look at it to find ways to preserve this important program, have savings that don't hurt the beneficiaries, and actually do reduce the deficit in the process. >> what about those republican critics, senator, who say it's not possible to make any real progress without -- on spending, shall we say, without seriously addressing the medicare, the medicaid, maybe even the social secu
. >> you said today that congress should deal with the fiscal cliff crisis now, but tackle entitlements, the entitlement questions, later. yesterday, senator lamar alexander said the only thing the president has to do to get an agreement from republicans now is in his words, propose a reasonable way, a reasonable way to control entitlement spending. so is this a catch 22? who bends here? >> i don't expect us to have entitlement reform before december 31st. this is too technical, too...
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on a budget deal to avoid a year-end fiscal cliff. it was really the tone, saying it's time to end the happy talk. that overshadowed positive reports on home prices and consumer confidence. this morning, we'll get data on new home sales and a report from the fed on regional economic conditions. the dow fell 89 points. the nasdaq losing nearly 9. if you're flying over the holidays, it's going to cost you more. airfares expected to be about 5% higher than last year. if you leave on the saturday before christmas and return on the following saturday, the saturday discounts won't apply. your fare could be 27% higher. it's not deterring many people who are willing to pay higher prices. if up got somebody flying in, really appreciate them for that. meantime, orbitz says the saturday and sunday before christmas are likely to be very busy. the day after as well. they think you will pay less if you fly on christmas day. if you're working on wednesday after christmas, i suspect christmas day will be a lot of busy travel for folks trying to get b
on a budget deal to avoid a year-end fiscal cliff. it was really the tone, saying it's time to end the happy talk. that overshadowed positive reports on home prices and consumer confidence. this morning, we'll get data on new home sales and a report from the fed on regional economic conditions. the dow fell 89 points. the nasdaq losing nearly 9. if you're flying over the holidays, it's going to cost you more. airfares expected to be about 5% higher than last year. if you leave on the saturday...
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the so called fiscal cliff is getting closer and apparently no movement in congress to avoid it so far. the impasse is over raising tax rates on upper bracket income earners. republicans say they're willing to consider a tax hike but they want larger cuts made to benefit programs. the small business leaders came to avoid the cliff and tax hike on the middle class. on friday he's off to philadelphia where he will make a public case for his strategy and two gop leaders. >> rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail. >> the election was conclusive in terms of which path the majority of the american people want to take. >> house republicans are also planning to hold events in the coming weeks with small business owners to highlight the effects the tax increase could have on them and their likelihood. how does the fiscal cliff impact california? larry, a lot of talk on how it will impact high earners. a lot of middle income class folks could feel it as well. >> if we go over the fiscal cliff, we're going to suffer as
the so called fiscal cliff is getting closer and apparently no movement in congress to avoid it so far. the impasse is over raising tax rates on upper bracket income earners. republicans say they're willing to consider a tax hike but they want larger cuts made to benefit programs. the small business leaders came to avoid the cliff and tax hike on the middle class. on friday he's off to philadelphia where he will make a public case for his strategy and two gop leaders. >> rather than...
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fiscal cliff notes. >> i'm optimistic question can continue to work together. >> it's like congress put a gun to the economy's head. >> i'm so tired of obama putting i gun to the head of the american people. >> and he swore they would pull the tryinger. >> and then republicans saying, oh, what are we going to do? >> they want a divorce from grover near quist. >> an excuse to go to mexico, i'm game. >> what do you mean by impure thoughts. >> the mexican standoff without any mexicans. >> i have job security. >> they can't murder you. they can't burn your house. >> some republicans are abandoning the antitax pledge as fast as they abandoned -- oh, what's his name. >> governor romney, only the two men will be in the room. >> is getting stoned now becoming more acceptable? >> kentucky bluegrass feather beds and northern cal -- >> you know me, every day, ten pound a day. >> you can play 36 holes on it in the afternoon, take it home and just get stoned. >> it supposedly makes you lazy, tired andle ette ar gwynn gik. >> a impig bob marley joint. look at this. >> he's just doing the pony. this i
fiscal cliff notes. >> i'm optimistic question can continue to work together. >> it's like congress put a gun to the economy's head. >> i'm so tired of obama putting i gun to the head of the american people. >> and he swore they would pull the tryinger. >> and then republicans saying, oh, what are we going to do? >> they want a divorce from grover near quist. >> an excuse to go to mexico, i'm game. >> what do you mean by impure thoughts. >>...
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. >>> now we turn to the other battle brewing tonight, the clock is still ticking on the fiscal cliff. 35 days, taxes including on the middle class, will rise in america unless congress reaches a deal. abc senior white house correspondent jake tapper tells us the latest on this duel that would affect every single american family. >> reporter: the manufacturers of these angry birds building sets in pennsylvania will later this week be visited by president obama as he makes his case for raising tax rates on wealthier americans as part of a larger deal with congress. and while the president is not trying to provoke anger necessarily, he is trying to drum up passions for his proposal. meeting with small business owners today such as texas crop duster manufacturer, david ikert. >> there was a lot of talk in the room about certainty. small business wants certainty so they can plan, strategically look at how we move forward. >> reporter: and releasing these showing them pleading for their tax cuts to be extended. >> if you take away the $2,200 from my paycheck, it would severely impact my fa
. >>> now we turn to the other battle brewing tonight, the clock is still ticking on the fiscal cliff. 35 days, taxes including on the middle class, will rise in america unless congress reaches a deal. abc senior white house correspondent jake tapper tells us the latest on this duel that would affect every single american family. >> reporter: the manufacturers of these angry birds building sets in pennsylvania will later this week be visited by president obama as he makes his...
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trying to prepare for enough ability that we could go over the fiscal cliff. rhode island may be the small state in the union that could potentially be facing the worst pain if congress cannot make a deal because it is a massive one third of the budget funding. day three of the governors series. welcome, thank you for being here. >> thank you for having me on. liz: we want to hear from you guys because you are in a unique yet on every level position because of the federal funding. first off what are you doing to prepare? we are asking about if they are preparing one or two but is depending on what happened. >> we hope common sense prevails and we are working to push the commonsense forward and get an agreement certainly having optimism coming out of washington today is good news. that is our first preference, to do the right thing down in washington inside the beltway and avoid the fiscal cliff. liz: he said we almost have to prepare to separate budgets. wanted to go over the cliff and one if we don't. do you guys have prepared $8.1 billion estate budget. what
trying to prepare for enough ability that we could go over the fiscal cliff. rhode island may be the small state in the union that could potentially be facing the worst pain if congress cannot make a deal because it is a massive one third of the budget funding. day three of the governors series. welcome, thank you for being here. >> thank you for having me on. liz: we want to hear from you guys because you are in a unique yet on every level position because of the federal funding. first...
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right now congress must find a way to steer our nation away from this fiscal cliff. we must move forward knowing that the only way to build a better, stronger nation is by working together and finding solutions in which both republicans and democrats can agree. any solution to the impending fiscal cliff must be a bipartisan effort that fairly weighs the concerns of both parties. we must find a way to come together right now. the severe spending cuts and looming tax increases require it. nevada is already struggling to overcome the highest rates of unemployment, foreclosures and bankruptcies in the nation. the threat of this fiscal cliff and any failure to find a solution would have a real and negative impact on the recovery in my state. in the days following the election, i received phone calls from job creators in nevada concerned about this fiscal cliff. these business owners told me that this fiscal cliff would be too much for nevada. their employees are already bearing the brunt of congress's inaction. finding a solution, they told me. cut a deal. the devastating
right now congress must find a way to steer our nation away from this fiscal cliff. we must move forward knowing that the only way to build a better, stronger nation is by working together and finding solutions in which both republicans and democrats can agree. any solution to the impending fiscal cliff must be a bipartisan effort that fairly weighs the concerns of both parties. we must find a way to come together right now. the severe spending cuts and looming tax increases require it. nevada...
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. >>> new this morning, congress continues to try to avoid the so-called fiscal cliff, new poll reveals what americans believe should be done. the poll finds that 60% of americans believe taxes should be raised on the wealth this however, the poll also found support is largely based along it logical lines, 73% of democrats approve, 63% independents in favor [ unintelligible ] >>> the woman who could be the next secretary of state is feeling the heat on capitol hill. ambassador rice will be back today trying to appease republican leaders. rice met privately with senators mccain, graham and ayott yesterday they say she misled the public. in the days following rice placed blame on an anti-muslim video the administration said it knew the attack was the work of terrorists. >> concerns i have are greater today than they were before. we are not even close to getting the basic answers. >> the focus on some might say, obsession on, comments made on sunday shows, seems to me, and to many, to be misplaced. >> president obama has not yet announced who he will nominate for secretary of state. >>> 6:
. >>> new this morning, congress continues to try to avoid the so-called fiscal cliff, new poll reveals what americans believe should be done. the poll finds that 60% of americans believe taxes should be raised on the wealth this however, the poll also found support is largely based along it logical lines, 73% of democrats approve, 63% independents in favor [ unintelligible ] >>> the woman who could be the next secretary of state is feeling the heat on capitol hill. ambassador...
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that is the so-called fiscal cliff: automatic tax increases and federal budget cuts that will be imposed unless president obama and congress can make a deal on budget reform. not even everyone in the president's own party is with him on this and nancy cordes is on capitol hill for us tonight. nancy? >> reporter: scott, a rift has opened up between the white house and liberal democrats over what should be on the table in these talks. some democrats even say they're willing to let all the bush tax cuts expire, at least temporarily, even if they don't get the deal they want. senator patti murray of washington state is one of them. she says negotiations should focus far more on raising tax revenue than cutting spending. republicans are calling democrats like you "thelma and louise" democrats because you've expressed a willingness to go off the fiscal cliff. >> i'm willing to take a very tough stand and say to those on the other side that we are not going to accept an unfair deal that hurts middle-class america today and protect the wealthiest americans. period. >> reporter: in the house, at
that is the so-called fiscal cliff: automatic tax increases and federal budget cuts that will be imposed unless president obama and congress can make a deal on budget reform. not even everyone in the president's own party is with him on this and nancy cordes is on capitol hill for us tonight. nancy? >> reporter: scott, a rift has opened up between the white house and liberal democrats over what should be on the table in these talks. some democrats even say they're willing to let all the...
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but first, the fiscal cliff battle here that landed in your lap today. president obama, even wants you to tweet about it. the president went full court press asking americans to pressure congress to keep middle class tax cuts for families earning $250,000 or less. >> it is too important for washington to screw this up. now is the time for us to work on what we all agree to, which is let's keep middle class taxes low. tweet, use the hashag my2k or e-mail, post it on a member of congress' facebook wall, do what it takes to communicate a sense of urgency. i'll sign this bill as soon as congress sends it my way. i got to repeat, i've got a pen. i'm ready to sign it. so -- >> the president wants republicans to first agree to keep the middle class tax cuts, and then he wants to move on and tackle the rest of the fiscal cliff problems. do not count on groundswell of republican support. in fact, one republican, congressman tom cob, proposed a similar idea and conservative republicans shot him down. we'll get to that here in a moment. quite a moment today. also p
but first, the fiscal cliff battle here that landed in your lap today. president obama, even wants you to tweet about it. the president went full court press asking americans to pressure congress to keep middle class tax cuts for families earning $250,000 or less. >> it is too important for washington to screw this up. now is the time for us to work on what we all agree to, which is let's keep middle class taxes low. tweet, use the hashag my2k or e-mail, post it on a member of congress'...
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cliff and about the growing number of women in congress. but right now, dr. holly phillips says the old real estate mantra location, location, location may apply to your health. >> good morning today in health watch your neighborhood and your health. how you feel about your neighborhood can play a big role iryour physical health. a new study finds people who like their community or feel that it's improving have better physical health than those who don't like where they live or feel like it's getting worse. researchers polled more than 300,000 americans over the age of 18. people who said they were satisfied with their neighborhoods scored a 78 on a physical health index compared with 69 for those who were dissatisfied. people who felt like their neighborhood was improving scored a 79 on the health index compared to 70 for those who felt their community was getting worse. now the findings support a newly popular ecological finding of life. previous studies found people who feel safe walking outside in their neighborhoods have a 50% lower ch
cliff and about the growing number of women in congress. but right now, dr. holly phillips says the old real estate mantra location, location, location may apply to your health. >> good morning today in health watch your neighborhood and your health. how you feel about your neighborhood can play a big role iryour physical health. a new study finds people who like their community or feel that it's improving have better physical health than those who don't like where they live or feel like...
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even though the fiscal cliff is december 31st. if you all go home, it's even fewer than 34, 33 whatever days. so i goes, it sounds like there's not going to be a deal. >> well, i think there will be. and just keep in mind, not trying to defend myself or anyone, congress certainly is to blame for the fact this hasn't been solved, but two years ago we had the simpson-bowles commission report which i voted for. we've come up with alternatives. the super committee which senator patty murray co-chaired, was an effort to try to move in the same direction as simpson-bowles and we didn't get it done. but forget the past for a moment and look to the future. we need to reduce this deficit, we need to have meaningful reform, which includes thoughtful entitlement reform. what i'm suggesting is let's not do this in the last few days here, make changes in medicare that we may regret later on. >> okay. but what, what is to give us the confidence that, in fact, something that's thoughtful down the road were to actually come of all this, right? be
even though the fiscal cliff is december 31st. if you all go home, it's even fewer than 34, 33 whatever days. so i goes, it sounds like there's not going to be a deal. >> well, i think there will be. and just keep in mind, not trying to defend myself or anyone, congress certainly is to blame for the fact this hasn't been solved, but two years ago we had the simpson-bowles commission report which i voted for. we've come up with alternatives. the super committee which senator patty murray...
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cliff negotiations. he's not someone with a big constituency in congress, and a andrea, but the last presidential nominee and a guy that got 47.5% of the vote and lot letting it linger and reporters say, are you going to talk to mitt romney? smart of president obama to do, though, i think more symbolic than a practical impact. >> before the president campaigns for his budget priorities which are the higher taxes on the wealthy. >> to the tinker toys factory, i might add, too. my son will be thrilled to hear about that. >> montgomery county, pennsylvania. key swing district. let's talk, also, about something alan simpson said other things that was so interesting today. he said the president has committed and committed during the campaign to medicare reforms. and that those democrats who are saying, know, they're taking a vow against any of these changes in medicare for future beneficiaries, this is not what the president wants and the president is ready to deal. >> i would say, anandrea, this where focus
cliff negotiations. he's not someone with a big constituency in congress, and a andrea, but the last presidential nominee and a guy that got 47.5% of the vote and lot letting it linger and reporters say, are you going to talk to mitt romney? smart of president obama to do, though, i think more symbolic than a practical impact. >> before the president campaigns for his budget priorities which are the higher taxes on the wealthy. >> to the tinker toys factory, i might add, too. my son...
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we have heard a lot about the fiscal cliff. i mean you're probably sick of hearing that term fiscal cliff, debt ceiling, tax increases. got a lot of us worried that we're at the mercy of a feckless congress behaving more like stubborn kids than responsible lawmakers. wait. we did promise you a dream off the top of the show. imagine for a moment what it would be like if none of this fiscal cliff nonsense mattered the least bit to you. no debts. no family budgets. and a half billion dollars worth of powerball dreams. that is the jackpot, folks. the powerball jackpot. it just so happens to take millions of us buying up tickets to fatten up that jackpot to that big old size. alison kosic is at a 7-eleven in new york basically meeting a few of the wanna-be one percenters. the truth of the matter, what are the odds? >> reporter: i know. i hate to throw cold water on your whole dream statement that you gave. yes this is all about dreams but you know the odds of winning are really low. 175 million to 1. those are your odds. you know wh
we have heard a lot about the fiscal cliff. i mean you're probably sick of hearing that term fiscal cliff, debt ceiling, tax increases. got a lot of us worried that we're at the mercy of a feckless congress behaving more like stubborn kids than responsible lawmakers. wait. we did promise you a dream off the top of the show. imagine for a moment what it would be like if none of this fiscal cliff nonsense mattered the least bit to you. no debts. no family budgets. and a half billion dollars worth...
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[applause] >> the bipartisan policy center holds a form when dan the so-called fiscal cliff and with the current congress can learn from the 1990 budget deal between president george h.w. bush and democrat. we'll be live starting at 9:00 a.m. eastern on their companion network from the c-span 3. >> now, from secretary of state, condoleezza rice and former chancellor of new york city public schools, scholl klein discussed the educational system and its impact on national security. part of a two-day summit with policymakers and education leaders, hosted by the foundation for excellent education. it's about an hour. [applause] >> welcome to this evening broadcast on morning joe. the energy and thus are a visceral testament to writing two things. one aside the issue of educational reform has ripened. it's a combination of need, the talent we see in this term has coalesced around this issue to detect elegies, but there is a sense that the moment has arrived. and the other is 73 bush. [applause] i am a great believer that two things matter in life. one of the idea and the others people. th
[applause] >> the bipartisan policy center holds a form when dan the so-called fiscal cliff and with the current congress can learn from the 1990 budget deal between president george h.w. bush and democrat. we'll be live starting at 9:00 a.m. eastern on their companion network from the c-span 3. >> now, from secretary of state, condoleezza rice and former chancellor of new york city public schools, scholl klein discussed the educational system and its impact on national security....
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cliff. the president met with small business owners yesterday to talk about the effect on their companies from taxes and other changes. and right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. >>> elsewhere on the hill, u.n. ambassador susan rice spent her day behind closed doors explaining statements she made back in september about those deadly attacks on the u.s. consulate in libya. her defense failed to convince her republican critics. nbc's tracie potts is on capitol hill with more on this. tracie, good morning to you. >> lynn, good morning. rice admitted that when she said the ambassador and three others who were killed were the result of spontaneous attacks, the information was partially wrong. as she has done before, in a statement after her meeting, she blamed it on bad intelligence information, talking points where references to al queda had been taken out according to sourc
cliff. the president met with small business owners yesterday to talk about the effect on their companies from taxes and other changes. and right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. >>> elsewhere on the hill, u.n. ambassador susan rice spent her day behind closed doors explaining statements she made back in september about those deadly attacks on the u.s. consulate in...
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today, the long worth congress building protesting spending cuts on the far side of the fiscal cliff and what that would mean for aids funding specifically, there was a nude awakening. aids protesters marching into house speaker john boehner's office to give him the naked truth. boehner, boehner, don't be a sick. budget cuts will make us sick. the budget cuts are really rude, that's why we have to be so lewd. they were trying to lay bare the potential cuts for aids, the protests also served to put a naked spotlight on a major statement expected tomorrow from secretary of state hillary clinton. on the occasion of world aids day, secretary clinton is due to unveil an aids free generation. secretary clinton will make that announcement on thursday morning, but in advance of that renewed commitment to fighting aids, this group, which is known for memorable protests any way, found a way to be more memorable today. one of the groups involved in today's event tweeted, watch naked aids activists take over boehner's office at congress. that was their tweet that you could watch them and you rea
today, the long worth congress building protesting spending cuts on the far side of the fiscal cliff and what that would mean for aids funding specifically, there was a nude awakening. aids protesters marching into house speaker john boehner's office to give him the naked truth. boehner, boehner, don't be a sick. budget cuts will make us sick. the budget cuts are really rude, that's why we have to be so lewd. they were trying to lay bare the potential cuts for aids, the protests also served to...
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the fiscal cliff. dave: with a price target on apple? >> 725. dave: if you would do this for five seconds, >> institutional ownership, google 66. dave: thank you very much. dave: the s&p futures pit. >> thanks for having me. dave: no action but plenty of meeting inside the beltway. the president ready to sit down with more ceos to discuss coming tax increases and potential budget cuts. we haven't seen any suggestions. middle class americans, we are live at the white house. liz: main street businesses taking matters into their own hands. sending this letter to congress urging them to have tax reform. we are talking to the ceo, president of the national federation of independent business who signed a letter. what does he want? dave: automakers all over the world are revving their engines at the los angeles auto show, jeff flock as usual live in the center ring. what is going on? jeff: automakers are not worried about the fiscal cliff and there's as much buzz around these fiats, how many doors? five doors
the fiscal cliff. dave: with a price target on apple? >> 725. dave: if you would do this for five seconds, >> institutional ownership, google 66. dave: thank you very much. dave: the s&p futures pit. >> thanks for having me. dave: no action but plenty of meeting inside the beltway. the president ready to sit down with more ceos to discuss coming tax increases and potential budget cuts. we haven't seen any suggestions. middle class americans, we are live at the white house....
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Nov 28, 2012
11/12
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cliff. the president met with small business owners on tuesday to talk about the effect on their companies from taxes and other charges. right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. and last night on hardball, former republican senator alan simpson gave his thoughts on the fiscal cliff and failure of lawmakers to reach an agreement. p. >> they love their party more than they love their country. how it we get to that point, don't ask me, but the whole business of reform and money in the campaign and beat up the guy, and it's not a case of who wins. it's you want to be sure somebody loses. and i say to people whether it's grover norquist or whatever, lord's sake, if you can't step up to the plate, what can happen to you? they can't murder you, they can't burn your house. the only thing they can do is defeat for you re-election by throwing some coo-coo from the left or right on y
cliff. the president met with small business owners on tuesday to talk about the effect on their companies from taxes and other charges. right now congress is stalled over finding a solution as democrats demand higher taxes for high wage earners while republicans want cuts to entitlement programs. and last night on hardball, former republican senator alan simpson gave his thoughts on the fiscal cliff and failure of lawmakers to reach an agreement. p. >> they love their party more than...
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Nov 28, 2012
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so called fiscal cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate republicans over the attac killed four americans, including u.s. ambassador chris stevens. today's meeting did not go well. >> we're doubled by many of the answers that we got. i'm more disturbed now than before. >> the republican senators stopped short of saying they'd block the nomination. they say they need more information and have more questions about the incident in benghazi. >> we're coming up on december to 1. that is the day mayans said the world would end. one scientist has been answering countless letters ab
so called fiscal cliff. the senate top rbi republican says the president is back on the trail instead of sitting down with lawmakers to negotiate a settlement. the president met with small business owners to built support for the aproich. tomorrow, meeting with middle class families. the president wants higher taxes for the wealthy. and un ambassador susan rice went to capitol hill to meet with republican senators. she's high on the list to secretary of state. she's been under fire from senate...